Core Insights - The trading volume of USD/JPY options has dropped to a one-month low as investors await the Bank of Japan's policy decision, indicating limited market interest in this currency pair [2] - The USD/JPY exchange rate is currently constrained by resistance at 153.27, with a need to break through 153.30 to gain upward momentum [2] - The recent political developments in Japan, particularly the election of Sanna Takashi as the new Prime Minister, have led to expectations of looser fiscal policies, impacting the yen's performance [2][3] Group 1 - The trading volume for USD/JPY options was at its lowest this month, reflecting a lack of interest from traders [2] - Market sentiment towards the yen is cautious, with expectations that the Bank of Japan will maintain interest rates in the upcoming meeting [3][4] - The yen has faced downward pressure due to expectations of more expansive economic policies under the new government, although safe-haven buying has limited its decline [2][3] Group 2 - The Bank of Japan is under pressure to assess the impact of higher tariffs on the economy while maintaining a cautious stance on inflation risks [3] - The market is closely watching the upcoming policy decision for clues about future actions, particularly in light of the new political landscape [3] - The Japanese government is focused on stimulating demand and maintaining a tight labor market to enhance long-term growth potential [2]